VSA: Steel demand in Vietnam will grow by 1-2% year on year in 2023

  • Wednesday, April 12, 2023
  • Source:ferro-alloys.com

  • Keywords:steel, ore
[Fellow]VSA: Steel demand in Vietnam will grow by 1-2% year on year in 2023
  • [Ferro-Alloys.com] 

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VSA: Steel demand in Vietnam will grow by 1-2% year on year in 2023 
According to the Vietnam Steel Association (VSA), the local apparent consumption of steel in 2022 was 22.23 million tons, only a year-on-year increase of 0.81 percent. In addition, VSA expects the steel demand will grow by 1 to 2 percent in 2023. To ease the operating pressure, the local steelmakers are actively looking for export opportunities. But increasing exports won't be easy considering the weak global steel demand.
 
 
 
 
  • The 19th China Ferro-alloys International Conference, co-hosted by China Chamber of Commerce of Metals Minerals & Chemicals Importers & Exporters (CCCMC) & Ferro-Alloys.com ,Supported by China Ferroalloys Industrial Association, will be held on 31 May to 2 June 2023 in Beijing, China.

 

  • [Editor:邢亚敏]

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